Based on product type, the market is segmented into imaging radar and non-imaging radar. Based on technology, the market is classified into time domain reflectometry, ultra-wideband, and others. On the basis of application, the market is segmented as automotive, aerospace & defense, industrial, security & surveillance, traffic monitoring & management, environmental & weather monitoring, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Increase in benefits compared to other remote sensing technologies.

Increase in adoption for various applications.

Comfort, safety & assistance features offered by the usage of radar sensors.